After much anticipation and hype from the media over the course of the week, the National Cabinet has provided a light at the end of the tunnel with a three-stage plan to support a COVID safe economy to reopen for July.
Last week our Financial Planner Bruce wrote about cashing $10k of super. This prompted a few queries from clients feeling guilty about doing rather well at the moment. So, what could you do with those ‘extra’ savings?
Initial guidance has been released by the ATO providing clarity on the application process for the JobKeeper Payment. Our team have summarised the information for you in a helpful Fact Sheet & two Instructional Videos.
We have prepared a summary to help you understand what you're entitled to, and outlined what information you may require for your 2020 income tax return, to ensure your claims are supported by the correct documentation.